Bank of America Offers $300 Bonus to New Customers
Limited-Time Promotion Requires Specific Account and Deposit Actions
Individuals seeking to earn extra income can take advantage of a special offer from Bank of America. The financial institution is providing a $300 cash bonus to new customers who sign up and meet certain criteria before the end of July.
Claiming the $300 Reward
To secure the $300 bonus, prospective customers must act swiftly as the promotion concludes on July 31. The process involves three straightforward steps designed to deposit the funds directly into your account.
Step 1: Open an Eligible Bank of America Account
The initial requirement is to open a qualifying Bank of America personal checking account through their promotions page. This must be completed by the July deadline. Eligible accounts include the Bank of America Advantage Plus Banking and Bank of America Advantage Relationship Banking. However, individuals who have held a personal account with Bank of America in the past 12 months are not eligible for this offer.
Step 2: Meet Deposit Requirements
To qualify for the bonus, you need to facilitate qualified direct deposits totaling at least $2,000 into the new account within the first 90 days of opening it. These deposits should originate from regular income sources, such as salary payments or benefits.
Step 3: Receive Your Cash Bonus
Once all conditions are fulfilled, Bank of America will automatically process the $300 bonus into your account. The bank aims to disburse the bonus within 60 days after the requirements are met. It is essential to maintain the account in good standing and ensure it remains open until the bonus is credited.
Eligible Account Types
Not all Bank of America accounts qualify for this lucrative offer. The specific accounts that meet the criteria for the $300 bonus are:
- Bank of America Advantage SafeBalance Banking
- Bank of America Advantage Plus Banking
- Bank of America Advantage Relationship Banking
This promotion presents a straightforward opportunity for individuals to acquire $300 in extra funds. By opening a qualifying account and meeting the deposit stipulations, customers can anticipate receiving their bonus within a two-month period.
